Copper futures prices fell by Rs 1.70, or 0.55 per cent, to Rs 305.90 per kg today as traders offloaded their positions, taking cues from global market.
At the Multi Commodity Exchange, copper for delivery in November contract fell Rs 1.70, or 0.55 per cent, to Rs 305.90 per kg with an open interest in 2,605 lots.
The metal for delivery in June contract also shed Rs 1.45, or 0.48 per cent, to Rs 303.75 per kg with an open interest of 23,999 lots. It ended 2.38 per cent higher at Rs 305.20 per kg.
Analysts attributed the fall in copper futures to weakening trend in global markets, where it dipped to almost four-month low on the euro zone's fiscal problems along with worries that the Chinese economy, the world's largest consumer of industrial metals, is slowing down.
Meanwhile, copper at Shanghai fell by 470 yuan, or 0.87 per cent, to trade at 53,260 yuan, its weakest since early February, while it fell $100, or 1.49 per cent, at $6,600 per tonne at the London Metal Exchange.
